Sri Lanka slashes duty

Jun 2, 2010 3:55:43 AM - yahoo.com

COLOMBO - SRI Lanka on Wednesday slashed duties on imports, cars and consumer goods with immediate effect in a bid to boost post-war economic activity. A 15 per cent surcharge on all shipments into the country was lifted while vehicle duties, running at 350 per cent, were halved, the finance ministry said in a statement.